Masraf al Rayan Sustainability Profile
Masraf Al Rayan, a prominent financial institution headquartered in Qatar, has established itself as a leader in the Islamic banking sector since its inception in 2006. With a strong presence in the Middle East and North Africa, the bank focuses on providing Sharia-compliant banking solutions tailored to meet the diverse needs of its clients. The bank offers a range of core products and services, including retail banking, corporate banking, and investment services, all designed to uphold Islamic finance principles. Masraf Al Rayan is recognised for its innovative approach and commitment to customer service, positioning itself as a trusted partner in the financial landscape. Notable achievements include its consistent ranking among the top Islamic banks in the region, reflecting its robust market position and dedication to excellence in financial services.
DitchCarbon Score
How does Masraf al Rayan's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Masraf al Rayan's score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Masraf al Rayan's reported carbon emissions
Masraf al Rayan, headquartered in Qatar (QA), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of publicly available information suggests that Masraf al Rayan may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial sector increasingly prioritises sustainability, it remains essential for organisations like Masraf al Rayan to consider developing and disclosing climate strategies to align with industry standards and stakeholder expectations.
How Carbon Intensive is Masraf al Rayan's Industry?
How Carbon Intensive is Masraf al Rayan's Location?
Masraf al Rayan's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Masraf al Rayan has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
